According to Emergen Research, the global mechanical keyboard market size was USD 1.04 billion in 2020 and is expected to reach USD 2.44 billion in 2028 and register a revenue CAGR of 11.3% during the forecast period, 2021-2028.
mechanical keyboard market Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the along with crucial statistical data mechanical keyboard market The research study provides historical data from 2017 to 2019 and offers accurate forecast estimation until 2028. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies
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Market Dynamics:
Major factors providing impetus to the global mechanical keyboard market revenue growth are increasing personal and professional applications of mechanical keyboards, technological advancements in mechanical keyboards, and increasing demand for mechanical keyboards due to several advantages over traditional membrane keyboards, such as accurate typing, extended key life, improved typing experience, easy replacement repair of switches, cost-effectiveness, and enhanced functionality.
Mechanical keyboards are computer keyboards with switches under every single key, unlike the rubber membranes used in traditional keyboards. The physical switches in these keyboards give the user a ‘mushy’ feel and each keypress is clearly felt. Mechanical keyboards are ideal for fast and accurate typing, and their growing popularity among touch typists, gamers, programmers, and others is a major factor contributing to revenue growth of this market. Growing demand for wireless mechanical keyboards, rise of the gaming industry, increasing demand among professional gamers, and growing use of e-learning institutes are some other important factors driving the global mechanical keyboard market revenue growth.
COVID-19 Impact Analysis:
- Social distancing and restrictions severely disrupted businesses and operations
- Lockdowns caused disruptions in transportation and logistics
- Impacted manufacturing activities and mining operations globally
- Took a toll on economy of various countries
- Caused sudden and drastic downturn in economic activity
- Disrupted agriculture, fisheries, dairy, and other sectors
- Caused loss of employment and financial crisis
- Supply impacts were further compounded owing to reduced disposable income
- Emergence of variants continue to cause concerns and impact normal routines
Linear Switches Segment to Account for Fastest Revenue CAGR:
The linear switches segment dominated other segments in terms of revenue share in the global market in 2020. Significantly growing demand for mechanical keyboards with linear switches among professional gamers is a key factor expected to contribute to revenue growth of this segment. Linear switches provide faster and more precise key control in gaming and produce smooth and constant actuation.
North America Accounted for Largest Revenue Share in 2020:
Among regional markets, the North America mechanical keyboard market accounted for the largest revenue share in the global market in 2020. Growing demand for mechanical keyboards due to many advantages such as accurate typing, improved typing experience, and extended key life, rising popularity of these keyboards among gamers, programmers, and touch typists, increasing demand for wireless mechanical keyboards, thriving gaming industry in the region, and increasing number of professional gamers are major factors driving the North America market revenue growth.
Major Companies in the Global Mechanical Keyboard Market Include:
- Lenovo
- Dell
- HP
- A4TECH
- SteelSeries
- Logitech international
- Corsair Components Inc.
- Rapoo Corporation
- Steel Series ApS.
- Razer Inc.
- Roccat Studios Inc.
- OMRON Corporation
- Rantek Electronics Co. Ltd.
- Das Keyboard
- ZF Friedrichshafen AG
- Huizhou Greetech Electronics Co. Ltd.
- Kaihua Electronics Co., Ltd.
- Based on regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show significant growth owing to recent advancements and rising investments in the RD sector.
For the purpose of this report, Emergen Research has segmented the global mechanical keyboard market based on product type, technology, application, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2018–2028)
- Clicky Switches
- Linear Switches
- Non-clicky /Tactile Switches
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Wireless
- Wired
Application Outlook (Revenue, USD Billion; 2018–2028)
- Typing
- Gaming
- Others
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Household PCs
- Professional Gaming
- E-learning Institutes
- Internet Cafes
- Others
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Radical Highlights of the mechanical keyboard market Report:
- Comprehensive overview of mechanical keyboard market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements cool roof coating market information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
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